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Author Topic: POLL: What name would you give to the smallest unit of bitcoin (0.00000001)?  (Read 6814 times)
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June 19, 2011, 09:14:00 PM
 #1

... if it weren't "Satoshi".

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June 19, 2011, 09:16:30 PM
 #2

What about Bitlet?
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June 19, 2011, 09:19:06 PM
 #3

What about Bitlet?

a millibit
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June 19, 2011, 09:24:17 PM
 #4

An Octbit...

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June 19, 2011, 09:29:01 PM
 #5

Cent.

And shift the decimal point six places so that it matches regular currencies. No regular currency is divisible to eight places. We talk about thousands or millions or billions of dollars or francs or euros, not megadollars or petafrancs. Millibits or microbits might work for geeks but not for average people.
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June 19, 2011, 09:31:49 PM
 #6

A LittleBit!

Or Microbit, Tinybit etc.
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June 19, 2011, 09:33:12 PM
 #7

It is called a "bitcoin".

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Edit: Oops. Just fixed a typo. It should be GO (like GO TEAM!) and not GOOB
Edit2: Just checked the dictionary and goob is not a word
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June 19, 2011, 09:35:47 PM
 #8

An IttyBity
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June 19, 2011, 09:42:51 PM
 #9

"Hundred-Millionth Bitcoin"

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June 19, 2011, 09:46:50 PM
 #10

a rand
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June 19, 2011, 10:03:21 PM
 #11

Cent.

And shift the decimal point six places so that it matches regular currencies. No regular currency is divisible to eight places. We talk about thousands or millions or billions of dollars or francs or euros, not megadollars or petafrancs. Millibits or microbits might work for geeks but not for average people.

The problem here is: You cannot produce more Bitcoins to cause inflation if they deflate to much (I guess thats what is done with 'regular' money).
What would you do if in a couple of years 1 BTC is worth $5000? You would have to pay $50 for your Coffee because there is no smaller value.
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June 19, 2011, 10:14:04 PM
 #12

bitty
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June 19, 2011, 10:27:53 PM
 #13

A Gox.

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June 19, 2011, 10:28:19 PM
 #14

Cent.

And shift the decimal point six places so that it matches regular currencies. No regular currency is divisible to eight places. We talk about thousands or millions or billions of dollars or francs or euros, not megadollars or petafrancs. Millibits or microbits might work for geeks but not for average people.

The problem here is: You cannot produce more Bitcoins to cause inflation if they deflate to much (I guess thats what is done with 'regular' money).
What would you do if in a couple of years 1 BTC is worth $5000? You would have to pay $50 for your Coffee because there is no smaller value.

If 1 BTC = $5000, I assume you are talking about the current BTC worth roughly $20 currently increasing in value by a factor of 250x. That doesn't take into account the shift of six decimal places I mentioned. In such a case, a $2 cup of coffee would cost .0004 old BTC or 400.00 new BTC .

If you are talking about an increase in value of 250,000,000x, I think that is unreal! But if it did happen, maybe with the use of BTCs as a pan-Galactic currency, then it wouldn't be too hard to shift the decimal point another six or ten places as needed.
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June 19, 2011, 10:45:13 PM
 #15

A Pointless.
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June 19, 2011, 11:49:22 PM
 #16

.1E-7

Borrowed from E notation. Go to http://www.easysurf.cc/scintd.htm for a notation converter.

It is a good solution, however it can not be true E notation. Maybe we could call it BTC notation.

To figure this out. The 1 (really .1) is the amount of the piece of BTC. The E-7 means the amount of zeros. So .1E-5 would be 0.000001 and .111E-5 is 0.00000111

The reason why this could not be true E notation is because 50.1E-7 is 0.00000501 or .501E-5

If this is adopted (only time will tell) and is on used for fractions of BTC, then we could drop the - and just call it .1E7


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June 20, 2011, 12:41:24 AM
 #17

An E-Zevanbit... E7, Easy7, Easyvan-bit

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June 20, 2011, 12:42:21 AM
 #18

How about simply "bit"

or maybe bitcent, there are dollar cents and eurocents, so why not bitcents ?
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June 20, 2011, 12:46:26 AM
 #19

How about simply "bit"

or maybe bitcent, there are dollar cents and eurocents, so why not bitcents ?
Cent by nature refers to a division of 100... There already is a bitcent, 0.01 btc Smiley

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June 20, 2011, 12:46:45 AM
 #20

An insignifibit. (or ib)

(as in 'insignificant')
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June 20, 2011, 01:05:10 AM
 #21

titbit.
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June 20, 2011, 01:07:33 AM
 #22

invisibit

 Grin
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June 20, 2011, 01:10:45 AM
 #23

An insignifibit. (or ib)

(as in 'insignificant')
Thats a Good One. Now Use it in a Phrase "I Wouldn't give 2 ib for What You think". Yea Sounds Right Too... LOL Smiley

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June 20, 2011, 01:34:10 AM
 #24

how about "wtf is this bit"
Cheesy that was lame lol
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June 20, 2011, 02:52:03 AM
 #25

Decimal Value. . . . .Greek Prefix
.00000001. . . . .Octo-bit
.00000010. . . . .Hepta-bit
.00000100. . . . .Hexa-bit
.00001000. . . . .Penta-bit
.00010000. . . . .Tetra-bit
.00100000. . . . .Tri-bit
.01000000. . . . .Dy-bit
.10000000. . . . .Mono-bit

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June 20, 2011, 02:53:00 AM
 #26

Picobit?
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June 20, 2011, 02:53:05 AM
 #27

Mountie

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June 20, 2011, 03:04:58 AM
 #28

SATOSHI!
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June 20, 2011, 03:26:36 AM
 #29

I really don't think we need names for these things.  It will complicate things for normal users to have to remember all these names for 8 decimal places.

Please send me "0.00000001 Bitcoin"

is fine.


(not that you would ever even need to ask for that amount)

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June 20, 2011, 03:39:20 AM
 #30

Decimal Value. . . . .Greek Prefix
.00000001. . . . .Octo-bit
.00000010. . . . .Hepta-bit
.00000100. . . . .Hexa-bit
.00001000. . . . .Penta-bit
.00010000. . . . .Tetra-bit
.00100000. . . . .Tri-bit
.01000000. . . . .Dy-bit
.10000000. . . . .Mono-bit
Now Thats What I'm Talkin About, There They All Are.... Job Well Done. I Commend Thee.

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June 20, 2011, 08:10:37 AM
 #31

A Bitbit

If life were fair, it would violate the Second Law of Thermodynamics.

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June 20, 2011, 08:52:17 AM
 #32

voidbit
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June 20, 2011, 08:55:32 AM
 #33

Octobit !

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June 20, 2011, 09:00:14 AM
 #34

An Octbit...
+1  Smiley
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June 20, 2011, 09:08:15 AM
 #35

In another 10 years, the dollar.
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June 20, 2011, 09:13:40 AM
 #36

In another 10 years, the dollar.

LOL.  Seriously.  And I hardly use "LOL".  Ever.


My entry:  bitsh*t
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June 20, 2011, 09:38:21 AM
 #37

+1
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June 20, 2011, 09:47:04 AM
 #38

Basebit
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June 24, 2011, 06:08:06 AM
 #39

A "bitcoin".

GOOOOOOOOOOO BITCOINS!!!!!!!!!!!!!!!
Edit: Oops. Just fixed a typo. It should be GO (like GO TEAM!) and not GOOB
Edit2: Just checked the dictionary and goob is not a word
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June 24, 2011, 06:26:40 AM
 #40

bitfuck, as in:

I don't give one bitfuck about you, Johnny.

or

Here's a bitfuck.



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June 24, 2011, 06:27:55 AM
 #41

Awl.. Golly Gush, I'm the only one with Up-Votes Smiley  Thanks orcalvr64, and stergium, May the Coins Flow4U...

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June 24, 2011, 06:28:07 AM
 #42

nanobit

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June 24, 2011, 06:33:10 AM
 #43

how about a tiny, itty bittycoin

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June 24, 2011, 06:47:56 AM
 #44

In SI units, 1E-8 BTC would be 10 nBTC (read: nano-BTC). So I guess any of "10 nBTC", "10 nanoBTC", "10 nanocoins" or "10 nanos". XD

p.s. The 1E-8 atomic unit isn't fixed in stone. It could very well change tomorrow: as such it's pointless searching for a name...

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June 24, 2011, 06:57:29 AM
 #45

0.00000001 Bitcoin = 1 Bernanke
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June 24, 2011, 07:06:39 AM
 #46

Bitmao.
As in 比特毛。
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June 24, 2011, 07:08:21 AM
 #47

On a second thought, may be bitfen would be more correct.
As in 比特分。
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June 24, 2011, 07:16:00 AM
 #48

How about this...  消极亿位

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June 24, 2011, 07:18:28 AM
 #49



How about the "Teetominnie" ?


Thought process: 10^-8, Ten2theminusEight, T2-E Teetominnie

 Grin
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June 24, 2011, 11:58:57 AM
 #50

0.00000001 Bitcoin = 1 Bernanke

+1

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June 24, 2011, 12:22:55 PM
 #51

How about 10 nanocoins? Or call it 10 nBTC

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June 24, 2011, 12:37:31 PM
 #52

I can't beleive no one's hit this one yet...

Since it's a digital currency my mind warps right back to the original Tron (I'm such a geek) where everything was "bits" and "bytes", therefore everything that is a sub-BitCoin is a Byte or ByteCoin.

Still like the Greek sub-decimal layout though.

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June 24, 2011, 01:01:08 PM
 #53

octobit or lilbit
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June 24, 2011, 01:01:24 PM
 #54

How about 10 nanocoins?

I can't believe I had to get to page 3 of this thread before someone suggested this... finally, thank you, we have a winner.

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June 24, 2011, 01:05:17 PM
 #55

How about 10 nanocoins?

I can't believe I had to get to page 3 of this thread before someone suggested this... finally, thank you, we have a winner.


Wow, missed that one. Have to say that's got my vote as well.

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June 24, 2011, 01:10:40 PM
 #56

How about 10 nanocoins?

I can't believe I had to get to page 3 of this thread before someone suggested this... finally, thank you, we have a winner.


Wow, missed that one. Have to say that's got my vote as well.
That's not the only thing you missed. I proposed the very same name just 7 posts before apidya... XD

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June 24, 2011, 01:18:20 PM
 #57

bitto
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June 24, 2011, 01:19:48 PM
 #58

How about 10 nanocoins?

I can't believe I had to get to page 3 of this thread before someone suggested this... finally, thank you, we have a winner.


Wow, missed that one. Have to say that's got my vote as well.
That's not the only thing you missed. I proposed the very same name just 7 posts before apidya... XD


You didn't make it shiney enough. Cool

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June 24, 2011, 01:24:43 PM
 #59

I think a bitcent would be just fine.
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June 24, 2011, 01:42:42 PM
 #60

1) a knacker
2) a gota
3) a div
4) a geek (in tribute to its origins)
5) a twat (just to be purile)

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June 24, 2011, 01:50:40 PM
 #61

How about Dust?

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June 24, 2011, 01:51:14 PM
 #62

10 nBTC is fine Tongue
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June 24, 2011, 02:09:04 PM
 #63

a spooge? That would be cool

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June 24, 2011, 03:00:14 PM
 #64

similar to the current naming system
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June 24, 2011, 03:08:31 PM
 #65

A bitcoin that is little. So a bittle. Tongue

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June 24, 2011, 06:24:00 PM
 #66

Observation, a Funny thing about Calling them "Bit's", Money has already been called "Bit's", and that it was a division of 8 Bits to a Whole 'Spanish Milled Dollar", The Bitcoin divisible to an 8th decimal...  https://secure.wikimedia.org/wikipedia/en/wiki/Bit_%28money%29 and there's a link to Bitcoin at the Bottom of the Page... It's a No-Brainer... LOL Smiley

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June 24, 2011, 06:28:12 PM
 #67

NanoBits is cool.

Like what I posted, or just wanna be my friend?  ^_^
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June 24, 2011, 06:51:51 PM
 #68

An IttyBity

+1

 Grin
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June 24, 2011, 07:06:02 PM
 #69

10 nBTC is fine Tongue

+1
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June 24, 2011, 07:20:58 PM
 #70

1 = 1 bitcoin = 1 BTC
0.001 = 1 bitthousandth = 1 BTT
0.000001 = 1 bitmillionth = 1 BTM
0.000000001 = 1 bitbillionth = 1 BTB

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June 24, 2011, 07:30:00 PM
 #71

Pretty soon, US Dollar
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June 24, 2011, 07:45:30 PM
 #72

Pretty soon, US Dollar

HAHA

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June 24, 2011, 07:58:31 PM
 #73

A Billionth of a Bitcoin, "BillionthBit", or "BB"

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June 24, 2011, 09:12:17 PM
 #74

I don't have any idea for what to call Satoshi instead of Satoshi. Instead I'd like to start a habit to lump bitcoins into group of eights and call them 'bytecoins' or 'bytes'. It's much cooler to say I have three bytes than two dozens of bitcoins... right?

Well, to be honest I'm just spamming to get past this great spam-preventing newbie restriction.
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June 24, 2011, 09:40:30 PM
 #75

I like μBTC
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June 24, 2011, 09:42:59 PM
 #76

a hmBit.  Hundred Millionth of a Bit



COMM: Ca6MfuHezsTcP1KvTmsadPrLpwRp7XTjPW
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June 24, 2011, 09:52:25 PM
 #77

A credit.

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June 24, 2011, 10:47:52 PM
 #78

0.01 µBTC:  Microcent  or Microbitcent

or my favorit: 10 nBTC:  Nanogroschen  (speak it Nanogroshn)

For english speaking people the latter one would be somewhat like a Nanodime but that's not that good because dime comes from disme = 1/10.
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June 24, 2011, 10:57:13 PM
 #79

When I think about it, it actually is a bit confusing to call it 10 nBTC when there is (currently) no smaller unit.  It's impossible in the current system to have just 1 nBTC...

So yeah, 0.01 µBTC (or uBTC if your keyboard doesn't have an AltGr press for that) sounds nicer.
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June 24, 2011, 11:15:31 PM
 #80

An Octbit...
+1 on that but i personally think it sounds way better as "Octobit". "Bit" is obvious to be used and "Octo" stand for the eight sign after the decimal point.
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June 24, 2011, 11:31:18 PM
 #81

Microcent.
1 BTC = Bitcoin, commonly called "Big bit"
0.01 BTC = Bitcent (practical today)
0.001 BTC = Millibit (future de facto unit)
0.000001 BTC = Microbit (more futuristic)
0.00000001 BTC = Microcent
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June 24, 2011, 11:38:21 PM
 #82


1 BTC = Bitcoin
0.01 BTC = Knob
0.001 BTC = Pube
0.000001 BTC = Fried Egg
0.00000001 BTC = Hamster

I'm sure we can all agree?

BTC: 1FU1EX4xCEt26rezoNaEZ1rhbqA4VVP8pq
LTC: Li8UYJprncRwmNzvRs53UG714Lcps2Yy8R
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June 24, 2011, 11:42:26 PM
 #83

An E-Zevanbit... E7, Easy7, Easyvan-bit

OMG This is just too funny
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June 24, 2011, 11:54:44 PM
 #84

An Octbit...
+1 on that but i personally think it sounds way better as "Octobit". "Bit" is obvious to be used and "Octo" stand for the eight sign after the decimal point.
+1 for You Too... Smiley

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June 25, 2011, 12:00:08 AM
 #85

I can't beleive no one's hit this one yet...

Since it's a digital currency my mind warps right back to the original Tron (I'm such a geek) where everything was "bits" and "bytes", therefore everything that is a sub-BitCoin is a Byte or ByteCoin.


But a Byte is made up of 8 bits soooo this makes no sense for the geeks among us.  When talking bits and bytes...bits are smaller.

On another note we can refer to 8 BTC as a BYTE!!!!  1024 BTC = a KILOBYTE etc. etc. Bet no one thought of that yet!

Millionnaires and billionnaires will be replaced with Bytennaires and Kilobytennaires LoL  Can't wait to see who becomes the world's first  Megabytennaire (1,048,576 BTC)
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June 25, 2011, 12:10:41 AM
 #86

+1 for this one also, My Girlfriend explained it to me... Smiley

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June 25, 2011, 12:35:16 AM
 #87

Extreme Prefixes Chart... http://www.lewrockwell.com/orig/kinsella6.html

And Here is a Metrics Prefix Chart to make sure you all get your "Ento-Bits" worth... http://www.essex1.com/people/speer/large.html

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June 25, 2011, 03:29:41 AM
 #88

a super cala fragalistic expialidoshus.
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June 25, 2011, 03:45:15 AM
 #89

I'd call it a benny.
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June 25, 2011, 04:40:25 AM
 #90

What about Bitlet?

I second this.

Selling digital goods? http://www.oybee.com
  1Jakey5Lum1P3XEh8b5UZvziNVn5eXc9dX
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June 25, 2011, 06:06:28 AM
 #91

A buttcoin because all it's good for is wiping your ass with.
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June 25, 2011, 06:56:58 AM
 #92

A buttcoin because all it's good for is wiping your ass with.

Not even!  This is where the dollar is better. (makin' straws, giving off heat while burning, and wiping your ass with!)

My Litecoin address: Lf9WKM61AhmXchG2Ph2cftHKSQhxHutcdk
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June 25, 2011, 08:51:53 AM
 #93

screw 10 nanobits. what about 10,000 picobits or 10,000,000 femtobits.  That sounds like a shitload of money!
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June 25, 2011, 10:56:16 AM
 #94

LittleBit and the Nanogroschen idea sounds great. Grin

What about Coint, Bent, Boint or Bint?

It's a mixture of Cent and BitCoin,

If the time comes when botnets are mining all coins we can honor this by naming the smallest unit: BotCoin. Cheesy

Do you want to get rid of all your bitcoins? This is the official trash address: 13vbLvM1Gb3fY5z15Mq1v1eCEjAxL8cPPs Smiley
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June 25, 2011, 11:10:50 AM
 #95

I can't beleive no one's hit this one yet...

Since it's a digital currency my mind warps right back to the original Tron (I'm such a geek) where everything was "bits" and "bytes", therefore everything that is a sub-BitCoin is a Byte or ByteCoin.


But a Byte is made up of 8 bits soooo this makes no sense for the geeks among us.  When talking bits and bytes...bits are smaller.

On another note we can refer to 8 BTC as a BYTE!!!!  1024 BTC = a KILOBYTE etc. etc. Bet no one thought of that yet!

Millionnaires and billionnaires will be replaced with Bytennaires and Kilobytennaires LoL  Can't wait to see who becomes the world's first  Megabytennaire (1,048,576 BTC)

You got math in my geek logic. Smiley~

I know the mathematical breakdown doesn't add up (ha) but I was going for more of the asthetic of the naming convention. I was trying to avoid the 8 sub decimal naming schemes that keeps cropping up. Interesting and well thought out as they may be, but for the mainstream to get on board I would think that we need to keep it with a "dollars & cents" mindset.

It will make the assimilation....errr...I mean..."migration" process, of the average users a bit easier if it's in a format they can already identify with. Therefore, Bits and Bytes.

Will draw for BitCoins (EyeBleedInk.com) / Donations won't hurt my feelings Smiley  - 16RTVas2rS26xJ9SAH3fhppCHHHsvUZmtX
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June 25, 2011, 11:46:24 AM
 #96

That don't need a name.

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June 25, 2011, 12:29:12 PM
 #97

A "dirty bit"
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June 25, 2011, 12:38:04 PM
 #98

I vote for "cent". Just because people already know what cents are.

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June 25, 2011, 01:20:56 PM
 #99

uCent

tips: 14Z1Bwa8bgEWphjD2qqaXMTY9ucutwuTw8
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June 25, 2011, 04:34:59 PM
 #100

How about a "chimp"

10^-9 = 1 Chimp
10^-6 = 1 Orangutang
10^-3 = 1 Babboon
10^1 = Bitcoin

Pretty simple, I think it'll catch on

BTC: 1FU1EX4xCEt26rezoNaEZ1rhbqA4VVP8pq
LTC: Li8UYJprncRwmNzvRs53UG714Lcps2Yy8R
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June 25, 2011, 07:54:29 PM
 #101

Cent.

And shift the decimal point six places so that it matches regular currencies. No regular currency is divisible to eight places. We talk about thousands or millions or billions of dollars or francs or euros, not megadollars or petafrancs. Millibits or microbits might work for geeks but not for average people.

This.

"What name would you give to the smallest unit of bitcoin (0.00000001)? Cent. And shift the decimal point six places so that it matches regular currencies. No regular currency is divisible to eight places. We talk about thousands or millions or billions of dollars or francs or euros, not megadollars or petafrancs. Millibits or microbits might work for geeks but not for average people." Update 11/2/2013: This is known as a uBTC (pronounced "mewbit" because μ is mu, the 12th letter of the Greek alphabet). 1 BTC = 1,000,000 uBTC and 1 uBTC = 0.000001 BTC. 1 Satoshi = 0.01 uBTC.
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June 26, 2011, 01:43:19 AM
 #102

That don't need a name.

Yeah, let's call them 0.00000001 btc Cheesy

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June 26, 2011, 09:37:24 PM
 #103

0.00000001 - 8 bit
0.0000001 - 7 bit
0.000001 - 6 bit
etc

or perhaps a TidBit

Since all the cool kids are doing it, here is my donation address: 1FZeuMzGy5GZPZofQaReMzq4rzJuyUJvZy.  Any amount is welcome.
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June 26, 2011, 09:51:08 PM
 #104

ittybittytittycoin
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June 26, 2011, 10:23:53 PM
 #105

Benny
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June 26, 2011, 10:44:26 PM
 #106

NotMuch Smiley
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June 27, 2011, 05:37:58 AM
 #107

1 = bitcoin
0.01 = cent
0.00001 = millicent
0.00000001 = microcent

If you found this post useful, feel free to share the wealth: 1E35gTBmJzPNJ3v72DX4wu4YtvHTWqNRbM
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June 27, 2011, 05:57:01 AM
 #108

Trying to keep in line with actual units of measurements in the metric system, since we;re one decimal place off a nanobit, a good compensation would be "ninobit", in my opinion.

But I agree with some posters above, that the decimal should be shifted all the way to the right and not be used. I thinks the fact that bitcoins can be divided so small makes them seem silly to non bitocin users and can hinder their use in the real world, for average people. The decimal really serves no purpose since at the rate the value of BTC is climbing, in the future very few people will even be able to talk about whole bitcoins...

-Mike
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June 27, 2011, 06:25:02 AM
 #109

What about Bitlet?

+1

1MwcmqQUBq3yRJU4BcieiQiViw4vFTrKjQ
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June 27, 2011, 06:14:53 PM
 #110

But I agree with some posters above, that the decimal should be shifted all the way to the right and not be used. I thinks the fact that bitcoins can be divided so small makes them seem silly to non bitocin users and can hinder their use in the real world, for average people. The decimal really serves no purpose since at the rate the value of BTC is climbing, in the future very few people will even be able to talk about whole bitcoins...

-Mike

I second using this method.  Average people are not accustomed to using currency that is divisible to the 8th decimal place.  Such a change would be difficult for people to adapt to.

--Tod

Since all the cool kids are doing it, here is my donation address: 1FZeuMzGy5GZPZofQaReMzq4rzJuyUJvZy.  Any amount is welcome.
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June 27, 2011, 08:06:08 PM
 #111

UberCent
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June 27, 2011, 08:08:05 PM
 #112

1 = bitcoin
0.01 = cent
0.00001 = millicent
0.00000001 = microcent

This sounds good.
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June 28, 2011, 08:54:25 AM
 #113

Pocket Change.

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June 28, 2011, 11:47:06 AM
 #114

But I agree with some posters above, that the decimal should be shifted all the way to the right and not be used. I thinks the fact that bitcoins can be divided so small makes them seem silly to non bitocin users and can hinder their use in the real world, for average people. The decimal really serves no purpose since at the rate the value of BTC is climbing, in the future very few people will even be able to talk about whole bitcoins...

-Mike

I second using this method.  Average people are not accustomed to using currency that is divisible to the 8th decimal place.  Such a change would be difficult for people to adapt to.

--Tod

Agreed. There are many currencies that don't have decimal points now, and they work just fine. See yen, krw, or the Thai Baht (satang is their 'cent' but its so small!).
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June 28, 2011, 11:49:15 AM
 #115

Worthless

Need webhosting?  Willing to trade webhosting and domains for BitCoins.  Contact me
1HKeQDMXEfnHpvfNk2KxVp2cjneCVXuTAC
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June 28, 2011, 12:09:25 PM
 #116

Just use SI prefixes!

1BTC = 1 bitcoin
0.1BTC = 1dBTC = 1 decibitcoin
0.01BTC = 1cBTC = 1 centibitcoin
0.001BTC = 1mBTC = 1milibitcoin
0.0001BTC = 1dmBTC = 1 deci-milibitcoin
0.00001BTC = 1cmBTC = 1 centi-milibitcoin
0.000001BTC = 1µBTC = 1 microbitcoin
0.0000001BTC = 1dµBTC = 1 deci-microbitcoin
0.00000001BTC = 1cµBTC = 1 centi-microbitcoin

Wallet Manager | 1NPxP8LMt22gjK5unW8W2gB9ruqyvytkpt
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June 28, 2011, 12:27:02 PM
 #117

nobit
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June 28, 2011, 12:55:41 PM
 #118

Just use SI prefixes!

1BTC = 1 bitcoin
0.1BTC = 1dBTC = 1 decibitcoin
0.01BTC = 1cBTC = 1 centibitcoin...

The prefixes "deci" and "centi" are not SI prefixes. They are leftovers from the pre-SI metric system, and they add more complexity than benefit. So let's keep it simple...

1 BTC = 1 bitcoin
0.001 BTC = 1 mBTC = 1 millibitcoin (nickname "one Millie")
0.000001 BTC = 1 uBTC = 1 microbitcoin (nickname "one Mike")

The base unit of 0.00000001 BTC is the same as 10 nanobitcoins, but I think this will be confusing because we cannot represent 1 nanobitcoin (so how can we have ten of them?). The existing usage seems to work well enough:

0.00000001 BTC (nickname "one Satoshi").
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June 28, 2011, 02:31:52 PM
 #119


ShitBit
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June 28, 2011, 03:53:27 PM
 #120

Uselessbit
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June 28, 2011, 04:33:21 PM
 #121

A NanoBit.

Sign Up at TradeHill with code TH-R14804
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June 29, 2011, 10:46:03 AM
 #122

How about a "ringpiece"

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LTC: Li8UYJprncRwmNzvRs53UG714Lcps2Yy8R
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June 29, 2011, 10:50:41 AM
 #123

decananobitcoin

deca=10x
nano=10^-9
=>
decanano=10^-8
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July 01, 2011, 09:23:44 AM
 #124

How about... a Quark?

My Litecoin address: Lf9WKM61AhmXchG2Ph2cftHKSQhxHutcdk
My Bitcoin address: 1Hwem4GSQWPCtBTKcSpXg2jYwxF6PtTjZx
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July 01, 2011, 10:06:49 AM
 #125

picoBit?
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July 01, 2011, 02:08:17 PM
 #126

coinbit
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July 01, 2011, 02:29:51 PM
 #127

I vote for 10 nanoBitcoins and Bernanke's as a secondary alias.
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July 01, 2011, 02:30:52 PM
 #128

Or simply a Unit, or BitUnit.

PC Hardware & Electronics For BTC     Traded w/: Kansattica | jduck1987 | shakaru | newdude | nitetrader | midievil | blo8i | mb300sd | juggalodarkclow | Garr255 | Tril | Ringmasta | SysRun | CrazyBlane | sokay | BCB | str4wm4n | PinkBatman | Bitobsessed | matauc12 | antimattercrusader | BryanK
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July 01, 2011, 02:49:26 PM
 #129

How about NZ (non-zero)

... if it weren't "Satoshi".
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July 01, 2011, 02:52:51 PM
 #130

Nanocoin

Thomas Nasakioto - Upgrade to Ixcoin 0.3.24.3 before block 43,000
Ixcoin.org
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July 01, 2011, 03:49:57 PM
 #131

"worthless" at the present exchange rate Wink
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July 01, 2011, 05:10:55 PM
 #132

Just use SI prefixes!

1BTC = 1 bitcoin
0.1BTC = 1dBTC = 1 decibitcoin
0.01BTC = 1cBTC = 1 centibitcoin...

The prefixes "deci" and "centi" are not SI prefixes. They are leftovers from the pre-SI metric system, and they add more complexity than benefit. So let's keep it simple...

1 BTC = 1 bitcoin
0.001 BTC = 1 mBTC = 1 millibitcoin (nickname "one Millie")
0.000001 BTC = 1 uBTC = 1 microbitcoin (nickname "one Mike")

The base unit of 0.00000001 BTC is the same as 10 nanobitcoins, but I think this will be confusing because we cannot represent 1 nanobitcoin (so how can we have ten of them?). The existing usage seems to work well enough:

0.00000001 BTC (nickname "one Satoshi").

That makes total sense.  It's simple, it's easily converted (as most people are familiar with metric system) and the nicknames are totally usable. 

As far as the last two digits go, I think the setup you have will work out fine as it is.  In the same way most people would say $1.35 as "a dollar, thirty five" people could also say 1.28 uBTC (0.00000128) as "a mike, twenty eight".  So a name for the last two digits isn't really necessary.  As they are the last two digits, you could call them cents (mike-cents) if you really wanted to.  The thing is though, years from now as we approach the point when we actually need a name for those digits, we'll also need a system that works further than 8 decimal points anyway.  So before we ever need a common name for the last few digits, the system will already need to have been extended to include nanobitcoins, picobitcoins, etc.  Technically, the furthest few digits in the system will never really need a common usage name.
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July 01, 2011, 05:11:10 PM
 #133

A qBIT.
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July 01, 2011, 06:35:17 PM
 #134

I vote nanocoin. 

http://www.giraffeboards.com (http://www.giraffeboards.com):  a message board with the simple, understated elegance of a bum in a wedding dress.
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July 01, 2011, 07:13:26 PM
 #135

tidbit

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July 01, 2011, 08:58:53 PM
 #136

0.1 BTC = 1 dBTC = 1 decibitcoin
0.01 BTC = 1 cBTC = 1 centibitcoin
0.001 BTC = 1 mBTC = 1 millibitcoin
0.0001 BTC = 100 μBTC = 100 microbitcoins
0.00001 BTC = 10 μBTC = 10 microbitcoins
0.000001 BTC = 1 μBTC = 1 microbitcoin
0.0000001 BTC = 100 nBTC = 100 nanobitcoins
0.00000001 BTC = 10 nBTC = 10 nanobitcoins

http://en.wikipedia.org/wiki/Si_prefixes
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July 01, 2011, 09:30:20 PM
 #137

Picoin

PicoIn

PiCoin

Feel like investing in a Miner?:
http://bitcointalk.org/index.php?topic=30044.msg377773#msg377773
A soup to nuts newbee system for a secure, portable USB wallet (free instructions):
NoobHowTo: http://bitcointalk.org/index.php?topic=27088.msg341387#msg341387
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July 19, 2011, 11:25:01 PM
 #138

Picoin

PicoIn

PiCoin

Picoin is already reserved. It means 3.14159 BTC.

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July 20, 2011, 02:00:21 AM
 #139

0.1 BTC = 1 dBTC = 1 decibitcoin
0.01 BTC = 1 cBTC = 1 centibitcoin
0.001 BTC = 1 mBTC = 1 millibitcoin
0.0001 BTC = 100 μBTC = 100 microbitcoins
0.00001 BTC = 10 μBTC = 10 microbitcoins
0.000001 BTC = 1 μBTC = 1 microbitcoin
0.0000001 BTC = 100 nBTC = 100 nanobitcoins
0.00000001 BTC = 10 nBTC = 10 nanobitcoins

http://en.wikipedia.org/wiki/Si_prefixes

^  this is what I was about to say, glad I read every post

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July 20, 2011, 04:44:24 AM
 #140

Bitlet
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July 20, 2011, 05:21:44 AM
 #141

picobit?

A "Bernanke" is also good.

If I was able to help you out, please consider donating.  Any amount is greatly appreciated! Smiley         
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July 20, 2011, 05:31:59 AM
 #142

A (uber)nanobitcoin

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July 20, 2011, 06:14:11 AM
 #143

0.1 BTC = 1 dBTC = 1 decibitcoin
0.01 BTC = 1 cBTC = 1 centibitcoin
0.001 BTC = 1 mBTC = 1 millibitcoin
0.0001 BTC = 100 μBTC = 100 microbitcoins
0.00001 BTC = 10 μBTC = 10 microbitcoins
0.000001 BTC = 1 μBTC = 1 microbitcoin
0.0000001 BTC = 100 nBTC = 100 nanobitcoins
0.00000001 BTC = 10 nBTC = 10 nanobitcoins

http://en.wikipedia.org/wiki/Si_prefixes
I agree with using the SI system. I think 10 nBTC is fine, would have fitted better with nine decimals though.

Might be nice to give the smallest unit it's own name. I like the following suggestions:
microcent (since it's 1/100 [a cent] of a μBTC)
credit (standard currency in sci-fi)
bitcoin-atom (since they are indivisible)
bit (smallest digital unit)

Looking at https://secure.wikimedia.org/wiktionary/en/wiki/bit bit is actually synonymous to coin.
1 bit, 10 bits, 100 bits is 1 μBTC, 1 megabit is 1 cent and 100 megabit is 1 BTC. But maybe it's too confusing since bit is used frequently in other contexts.

My guess is that only SI prefixes will be used in the end if not, or as someone suggested, the decimal is removed entirely, so that 0.00000001 "old" btc = 1 "new" btc, it would be as easy as adding a multiplier in the software.
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July 20, 2011, 06:27:15 AM
 #144

0.1 BTC = 1 dBTC = 1 decibitcoin
0.01 BTC = 1 cBTC = 1 centibitcoin
0.001 BTC = 1 mBTC = 1 millibitcoin
0.0001 BTC = 100 μBTC = 100 microbitcoins
0.00001 BTC = 10 μBTC = 10 microbitcoins
0.000001 BTC = 1 μBTC = 1 microbitcoin
0.0000001 BTC = 100 nBTC = 100 nanobitcoins
0.00000001 BTC = 10 nBTC = 10 nanobitcoins

http://en.wikipedia.org/wiki/Si_prefixes

^  this is what I was about to say, glad I read every post

Agree with this too.

Try SolidCoin or talk with other SolidCoin supporters here SolidCoin Forums
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July 20, 2011, 01:20:02 PM
 #145

Unfortunate it's not to the 9th place, yes..   
Does dBTC, mBTC, nBTC or dB, mB, nB seem more useable?

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July 20, 2011, 01:30:01 PM
 #146

Unfortunate it's not to the 9th place, yes..   
Does dBTC, mBTC, nBTC or dB, mB, nB seem more useable?
Some other thread discussed using the ฿ symbol, so m฿ μ฿ n฿. It's already used for the thai baht though.
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July 20, 2011, 01:37:37 PM
 #147

Tidbit
Little bit
Itty bit
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July 20, 2011, 09:43:24 PM
 #148

I can't believe some creep has deleted my suggestions!

Dammit, we need some sort of bitcoin equivalent for freedom of expression up in here so I
can spread my wisdom without being encumbered by some stuffy censor.

Anyway here's my suggestions for Bitcoin denominations:

1BC = Bitcoin
0.01 BTC = Donaudampfschiffahrtsgesellschaftskapitän
0.0001 BTC = Mingepipe
0.00000001 BTC = Handbag

Come on guys, everyone's opinion matters in these matters.

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July 20, 2011, 09:49:49 PM
 #149

A Little Bit
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July 20, 2011, 10:13:08 PM
 #150

Bytecoin
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July 20, 2011, 10:15:55 PM
 #151

Bitlet! It sounds adorable.
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July 21, 2011, 03:06:59 PM
 #152

A rounding error.

"If you kill me you will not easily find another like me...a sort of gadfly, given to the state by the God."
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July 21, 2011, 04:00:59 PM
 #153

nibblecoin =P
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I have many stocks.


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July 21, 2011, 04:15:28 PM
 #154

Bitplank
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July 21, 2011, 04:26:08 PM
 #155

mobibit
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July 21, 2011, 04:38:41 PM
 #156


Please a real real poll to this thread with the options already given, where people can vote and everyone can see what the leading choice is...  Smiley

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July 21, 2011, 04:57:52 PM
 #157

Hello all,

A good name would be a digit

For short for just a dig but still with the accent on the g as if it were a j.

"Hey, lemme get a couple dig man"

"That'll be 233 dig"

-Kbundy

- Welcome to the new free economy
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July 21, 2011, 05:35:04 PM
 #158

US Dollar.

"MOOOOOOOM! THE MEATLOAF!!! F**K!"
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July 21, 2011, 06:29:23 PM
 #159

US Dollar.
Hi-oh!
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July 21, 2011, 06:38:39 PM
 #160

German is an efficient and logical language. It should be employed to greatest effect.

0.01 Bitcoin = 1 Verantwortungszuständigkeiten
0.0001 Bitcoin = 1 Donaudampfschiffahrtskapitänswitwe
0.0000001 Bitcoin = Hubschrauberlandeplatz

Official terms as of now, please use liberally around the forum

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July 22, 2011, 11:13:48 PM
 #161

Its for sure a dwarfbit

make it rain haha
btc 176MrZ3CCXGb1GqFiGaoqQpaynzYqZsW6n
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July 22, 2011, 11:16:40 PM
 #162

A little bit.
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July 23, 2011, 12:29:47 AM
 #163

US Dollar.

Zing!

But really...

The Peso.
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I can predict the future! Bitcoin will success!!!!


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July 25, 2011, 02:33:51 AM
 #164

a "bitcoin"

GOOOOOOOOOOO BITCOINS!!!!!!!!!!!!!!!
Edit: Oops. Just fixed a typo. It should be GO (like GO TEAM!) and not GOOB
Edit2: Just checked the dictionary and goob is not a word
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July 25, 2011, 05:59:49 AM
 #165

itty bit sounds good.
what about the other 7 digits?
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July 25, 2011, 06:24:56 AM
 #166

"Satoshi" is such a cool name:

1 = Satoshi
1000 = Kilo-toshi
1000,000 = Mega-toshi
10 BTC = Giga-toshi

He he  Grin

"You will do foolish things, but do them with enthusiasm.", Collette. Now give me some BTC: 1JwicXdG75j28UXxjmFibx3pxTtr7NuwGR Grin
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July 25, 2011, 08:10:56 AM
 #167

 Cheesy milepibit is the accurate denotation of this unit...
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July 25, 2011, 12:49:37 PM
 #168

i like "bit"
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July 25, 2011, 01:30:27 PM
 #169

A tiddly-widdly-bit!

http://payb.tc/skadoosh00
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July 25, 2011, 07:37:25 PM
 #170

.00000001   . . . . .   Octo-bit
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July 25, 2011, 10:25:50 PM
 #171

a "bitcoin"

"My good king, the oracle has spoken."
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July 25, 2011, 10:27:52 PM
 #172

In all seriousness now, the best way to keep new people coming in is probably to continue moving the decimal place and calling the common unit of division a 'Bitcoin.'

Those who already use BTC will understand it and adapt.  Those who don't won't be confused and scared off by, 'I want to buy bitcoins, wait I have to buy 350 Satoshis?  WTS is a Satoshi?"
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July 25, 2011, 11:48:03 PM
 #173

US Dollar.

Zing!

But really...

The Peso.

You mean old pesos, right?

10 nanobits

COURAGE WILL NEVER DIE!

12YstBn86ysRCrHx4qRBbfVhqoFCLENr77
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July 26, 2011, 02:44:32 AM
 #174

lonely littlest bit.  LLB for short.

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July 26, 2011, 02:56:26 AM
 #175

PetaBit
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September 15, 2012, 08:09:21 PM
 #176

something which has least value in bitcoin world and will be much in real world.
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100%


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September 16, 2012, 06:33:27 PM
 #177

something which has least value in bitcoin world and will be much in real world.
willberich

You don't even know how close you just stepped to the truth with that sentence.
Did you have a glance at the secret proposal by any chance?


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September 16, 2012, 06:38:25 PM
 #178

Anyone suggested LSB yet?

­aminorex: "there are no good arguments for regulation, merely bad arguments in a good suit."
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September 16, 2012, 06:41:23 PM
 #179

Benjamin
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September 16, 2012, 08:39:32 PM
 #180

I'm not sure I proposed this one already.

An atom is something that can not be broken apart (well, at least in the etymological sense).  Most atom names end in "-um"  (germanium, silicium, lithium, ...).

So what about "Satoshium" or "Bitcoinium" ?
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